#ows Fed $7.77 Trillion Secret Bank Loans: Dennis Kucinich's NEED Act.

Congressman Dennis Kucinich (D-OH), a longtime advocate for reform of the Federal Reserve, is sharply criticizing the Federal Reserve today after Bloomberg news reported that the Federal Reserve secretly committed nearly $8 trillion in support to American and international financial institutions during the 2008 bailout. Kucinich recorded a video for his website before going to the floor of the House of Representatives to call upon Congress to reclaim its Constitution[al] primacy over monetary policy.

The Fed Grants $7.77 Trillion in Secret Bank Loan - Now Do You Understand Occupy Wall Street? - YouTube.

If you look at this "Monetary Reform: Series 1," you will see that I've been working on even improving Dennis Kucinich's effort.

The NEED Act is a very good start. It is vastly superior to anything I've ever heard coming out of Ron Paul's mouth for instance, not that I disagree with everything Ron Paul says.

Breaking the bankster's stranglehold on America via the NEED Act (enhanced) will go a long, long way to enhancing real liberty and ending foreign wars, etc. America can become a model of peace and prosperity for the world rather than a ravenous, violent, deadly, corrupt imperial power.

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
    This entry was posted in Libertarian Capitalism, Monetary Reform, United States Notes. Bookmark the permalink.